The Star Tribune caught up with with we figured out 3 years ago with an article about the rising popularity of the Longfellow Community:
“Longfellow prices are going to continue to go up and up because it’s an area that’s recently caught fire,” said Elaine Anderson, a Realtor who specializes in the area and lives there, too.
Although homes in Longfellow aren’t appreciating at the rate they were five years ago, it’s one neighborhood that’s been less affected by the housing slowdown. So far in 2007, the average sales price in Longfellow has increased by 0.6 percent, according to the Minneapolis Area Association of Realtors, whereas the average sales price of seven of the 11 Minneapolis communities has decreased.
The last paragraph really nailed it:
Because of its location along the river, bikers, runners and other outdoor enthusiasts are often drawn to this locale, which is also home to the eastern segment of the Midtown Greenway and Minnehaha Falls.
Some of the new restaurants are also a big draw, including the Town Talk, Longfellow Grill, and Riverview Wine Bar.